The price of electricity seems to be inexorably going up and so I want to present some money saving electrical tips, because statistics from the U.S Energy Information Administration (EIA.gov) indicate that the average cost of electricity has risen again in 2011 to 11.47 cents per kilowatt-hour (kWh), from 11.2 in 2010 with an average monthly consumption per American family of 908 kWh. That means that the average family in the United States is spending $107.14 a month, or $1285.68 a year on electricity.

This is clearly a very large amount, and so it is important to consider ways that a family (or a business) can save money by conserving energy and being more energy efficient.

By far the biggest percentage of electricity use in the average home is for air cooling, with 17.9% on average of all the electricity in the average US home being spent on air conditioning.

The way that you would check for this is with the SEER Rating (Seasonal Energy Efficiency Rating) which is now printed on virtually all air conditioners. A unit that is only rated as an 8 on this scale uses TWICE as much electricity as a 16 SEER unit, for the exact same cooling level. So potentially there are big savings to be made without even impacting on how often you use the units, simply by actually implementing these electrical tips in your home.

The second biggest consumer of electricity in the home is lighting at 15.3%, so also consider:

Between air conditioning and lighting these cover about a third of all the electricity used in your home every year, and so by making changes in these areas, and implementing the changes I have described in these money saving electrical tips, it is possible to make big savings on the $419 you are currently spending (a third of the total yearly spend of $1258).

The electricity you use to power your home is most likely generated by burning coal, with some nuclear and natural gas-fueled current in the mix for good measure. However, that could all be changing, and faster than anyone expected. While renewable fuel sources like solar and wind power make up only a small part of the nation's electrical grid today, wind could actually be the leading source of electricity in little more than three decades.

Viable and Competitive

Wind could surpass other sources and provide as much as a third of the United States’ electricity by 2050, according to a report by the U.S. Department of Energy (DOE) Wind and Water Power Technologies office. Wind currently weighs in at only 4.5 percent of the supply, but if projections hold, that will increase to 10 percent by 2020 and 20 percent by 2030.

“The wind industry can be characterized by the substantial growth of domestic manufacturing and the level of wind deployment seen in recent years,” José Zayas, director of the DOE Wind and Water Power Technologies office, said to EcoWatch. “Wind power systems are now seen as a viable and competitive source of electricity across the nation. Wind power’s emerging role is an important option in a portfolio of new energy solutions for future generations.”

Benefits to Public Health, Environment

Should the prediction of wind's dominance come to pass, it would have numerous benefits for the environment and for consumers. Even at current levels, wind has reduced water consumption by 36.5 billion gallons and carbon emissions by 115,000,000 metric tons compared to traditional power sources, according to the government.

That means a lot less carbon getting released into the atmosphere, helping to slow our contribution to climate change. Plus, once the infrastructure is built, wind is free to harvest, and doesn't have the same environmental tradeoffs as coal and natural gas. The benefits “can address key societal challenges such as climate change, air quality and public health, and water scarcity,” the report said.

Uncertainties Looming

The rosy projection is just that. There are numerous uncertainties that could affect how well wind power actually does in the future, including government policies to incentivize wind or decentivize coal usage, the supply and price of natural gas, and the demand for electricity overall in the United States.

The technology around wind generation will have to hold its own as well. Growth in market share depends on continued advances in efficiency, more transmission capacity and better weather forecasting so we can best take advantage of favorable gusts.

Global Optimism

Should the growth of wind continue as predicted, there could be hope for a cleaner, healthier future. And what's good for the United States can be good for the rest of the world as well.

“The global energy market of the future is poised to be the largest market the world has ever known,” Secretary of State John Kerry said in a speech about wind power. “Pursuing cleaner, more efficient energy is actually the only way that nations around the world can build the kind of economies that are going to thrive for decades to come.